Chevron Lubricants Lanka's profitability has increased by 8% despite a sluggish industry. Company recorded net earnings of Rs. 2.7 billion in 2014, as compared to Rs. 2.5 billion in the previous year according to their 2014 annual report.
The growth in profit after tax recorded during the period under review can be attributed to operational excellence, tactical sales and marketing strategies said it's Chairman, Farrukh saeed.
This strong financial performance is a proud achievement, considering that our new blending plant at Sapugaskanda became operational in November 2014.
The commissioning of this plant will strengthen Chevron's supply chain capability to cater to demand from the domestic as well as export markets. Your Company received many internal accolades within the Chevron group for recording 4377 days of incident-free operations at the end of the year.
Company declared 4 interim dividends during the year amounting to Rs. 20 per share, compared to Rs. 15 per share in 2013.
www.dailynews.lk
The growth in profit after tax recorded during the period under review can be attributed to operational excellence, tactical sales and marketing strategies said it's Chairman, Farrukh saeed.
This strong financial performance is a proud achievement, considering that our new blending plant at Sapugaskanda became operational in November 2014.
The commissioning of this plant will strengthen Chevron's supply chain capability to cater to demand from the domestic as well as export markets. Your Company received many internal accolades within the Chevron group for recording 4377 days of incident-free operations at the end of the year.
Company declared 4 interim dividends during the year amounting to Rs. 20 per share, compared to Rs. 15 per share in 2013.
www.dailynews.lk
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